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Author Topic: Bitcoin is Becoming a Global Currency  (Read 226400 times)
geopolisch
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December 31, 2016, 08:38:54 PM
 #1681

Bitcoin could become a global currency but it will take years, I really have no doubts about that its all a matter of time before it will happen.
The bitcoin is the future of all currency's because everything is gonna be digital plus it now already has a step ahead on other currency''s.
actually majority of people do not know about bitcoin and most of people who even know about it but not going to use it, i thin they need more an more advertisement about bitcoin so that they start trusting bitcoin, hope after adopting bitcoin by the majority of people bitcoin will really become a global currency.

Yes, Bitcoin advertising needs. This will ensure good growth of its price. And then certainly he will be the main currency in every country in the world
For years now when we wanted to make people use something new in their lives and make them replace it with something that is used to we advertise for it, but bitcoin has never got the attention that it deserves therefor it was not implemented into the society, so if we want it to become a global we have to introduce it to people.
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January 03, 2017, 05:43:27 PM
 #1682

It think it's still too early to say that Bitcoin is a global currency. The reason is not the fact that some countries restrict the use of it, since there are actually a few countries taking such measures.
The main reason, in my opinion, is that there is still a small percentage of people using the currency compared to the number of people around the globe. So, it's not yet a global currency, but I think we can say Bitcoin is on the way for this.
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January 03, 2017, 05:52:01 PM
 #1683

It think it's still too early to say that Bitcoin is a global currency. The reason is not the fact that some countries restrict the use of it, since there are actually a few countries taking such measures.
The main reason, in my opinion, is that there is still a small percentage of people using the currency compared to the number of people around the globe. So, it's not yet a global currency, but I think we can say Bitcoin is on the way for this.

Bitcoin can be called a global currency in the sense that it is usable in any corner of the world, but in not the sense as you said of being used by all the world because we are still too far away from that, we are still not even 5% of world's population, so for becoming global in that sense, we still need years.
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January 03, 2017, 11:35:36 PM
 #1684

Bitcoin could become a global currency but it will take years, I really have no doubts about that its all a matter of time before it will happen.
The bitcoin is the future of all currency's because everything is gonna be digital plus it now already has a step ahead on other currency''s.
In my mind, Bitcoin has been already a global currency for many years. People are now using Bitcoin everywhere online, especially in some online marketplace. Thebot.net, mpgh.net, etc, all these places very very love Bitcoin. Even Steam has accepted gamers to use Bitcoin in order to buy games. It is wonderful, right? I hope that in the future, we will witness the Bitcoin adoption in many countries. It will be the most important event to Bitcoin.

I agree thay bitcoin is already a global currency. why? because when many people around the globe use bitcoin, it means that it is global currency. besides, many countries now accept bitcoin as a currency. so no doubt that bitcoin is global currency.

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uneng
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January 04, 2017, 12:35:06 AM
 #1685

It think it's still too early to say that Bitcoin is a global currency. The reason is not the fact that some countries restrict the use of it, since there are actually a few countries taking such measures.
The main reason, in my opinion, is that there is still a small percentage of people using the currency compared to the number of people around the globe. So, it's not yet a global currency, but I think we can say Bitcoin is on the way for this.

Bitcoin can be called a global currency in the sense that it is usable in any corner of the world, but in not the sense as you said of being used by all the world because we are still too far away from that, we are still not even 5% of world's population, so for becoming global in that sense, we still need years.

I agree with you. Bitcoin has the potential to become a global currency, but it's not yet, less than 2% world population use bitcoins yet, it's too little amount of persons using bitcoins. To be global currency this number should be higher.
When the economy starts working properly and bitcoin be used as normal currency and not only to make profit holding, trading, gambling, it will be a global currency and of course, when more persons around the world start using it.

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Senor.Bla
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January 04, 2017, 07:58:28 AM
 #1686

Bitcoin could become a global currency but it will take years, I really have no doubts about that its all a matter of time before it will happen.
The bitcoin is the future of all currency's because everything is gonna be digital plus it now already has a step ahead on other currency''s.
In my mind, Bitcoin has been already a global currency for many years. People are now using Bitcoin everywhere online, especially in some online marketplace. Thebot.net, mpgh.net, etc, all these places very very love Bitcoin. Even Steam has accepted gamers to use Bitcoin in order to buy games. It is wonderful, right? I hope that in the future, we will witness the Bitcoin adoption in many countries. It will be the most important event to Bitcoin.

I agree thay bitcoin is already a global currency. why? because when many people around the globe use bitcoin, it means that it is global currency. besides, many countries now accept bitcoin as a currency. so no doubt that bitcoin is global currency.

Even though we are still not even 1% of the total world's population but I can see that bitcoin will be a global currency since its users are found in every region of the world. And that is making bitcoin more popular because we can simply use it no matter where you are in this world as long as you both are accepting and using it, it doesn't matter.
Just because you can use it in different countries does it not make it a global currency. I could make an altcoin and send two friends to two different counties to make some transactions. Would you call that an global currency? The problem is still acceptance. If it is not accepted everywhere then it is not a currency. I could walk all day today and would find no one that would take my Bitcoins as payment.

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January 04, 2017, 08:17:36 AM
 #1687

It think it's still too early to say that Bitcoin is a global currency. The reason is not the fact that some countries restrict the use of it, since there are actually a few countries taking such measures.
The main reason, in my opinion, is that there is still a small percentage of people using the currency compared to the number of people around the globe. So, it's not yet a global currency, but I think we can say Bitcoin is on the way for this.

Bitcoin can be called a global currency in the sense that it is usable in any corner of the world, but in not the sense as you said of being used by all the world because we are still too far away from that, we are still not even 5% of world's population, so for becoming global in that sense, we still need years.
Well, I think Bitcoin have been already a global currency for many years but nobody want to accept that fact. Most of the people scared to use Bitcoin because they think it is illegal and not worth to try this new innovation. Nowadays, our world is rapidly developing and I believe they will soon realize the Bitcoins' benefits and people will use it in any corner of the world. This future, I believe is not very far
Senor.Bla
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January 04, 2017, 08:27:44 AM
 #1688

It think it's still too early to say that Bitcoin is a global currency. The reason is not the fact that some countries restrict the use of it, since there are actually a few countries taking such measures.
The main reason, in my opinion, is that there is still a small percentage of people using the currency compared to the number of people around the globe. So, it's not yet a global currency, but I think we can say Bitcoin is on the way for this.

Bitcoin can be called a global currency in the sense that it is usable in any corner of the world, but in not the sense as you said of being used by all the world because we are still too far away from that, we are still not even 5% of world's population, so for becoming global in that sense, we still need years.
Well, I think Bitcoin have been already a global currency for many years but nobody want to accept that fact. Most of the people scared to use Bitcoin because they think it is illegal and not worth to try this new innovation. Nowadays, our world is rapidly developing and I believe they will soon realize the Bitcoins' benefits and people will use it in any corner of the world. This future, I believe is not very far
I love the "Bitcoin is a global currency, but nobody wants to accept that". Is it not part of the definition of a currency, that it is widely if not everywhere accepted?! If i go to a store and want to buy something, but i can only offer some wood stick as payment, then they will laugh at me and send me away. If i tell them that there are people who accept my sticks and that they cost $1000 each, then they will suggest to go there exchange them and come back to pay in real money.

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January 04, 2017, 10:17:55 AM
 #1689

Bitcoin could become a global currency but it will take years, I really have no doubts about that its all a matter of time before it will happen.
The bitcoin is the future of all currency's because everything is gonna be digital plus it now already has a step ahead on other currency''s.
In my mind, Bitcoin has been already a global currency for many years. People are now using Bitcoin everywhere online, especially in some online marketplace. Thebot.net, mpgh.net, etc, all these places very very love Bitcoin. Even Steam has accepted gamers to use Bitcoin in order to buy games. It is wonderful, right? I hope that in the future, we will witness the Bitcoin adoption in many countries. It will be the most important event to Bitcoin.

I agree thay bitcoin is already a global currency. why? because when many people around the globe use bitcoin, it means that it is global currency. besides, many countries now accept bitcoin as a currency. so no doubt that bitcoin is global currency.
It seemed like a good idea, and certainly great fun when we're in any place can use the bitcoin so we don't get confused with the currency conversion or exchange rate. But the problem is that State regulation has still not approved the bitcoin. Of course a lot of rejection from official agencies to transact and accept with bitcoin.
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January 04, 2017, 10:23:30 AM
 #1690

Bitcoin could become a global currency but it will take years, I really have no doubts about that its all a matter of time before it will happen.
The bitcoin is the future of all currency's because everything is gonna be digital plus it now already has a step ahead on other currency''s.
In my mind, Bitcoin has been already a global currency for many years. People are now using Bitcoin everywhere online, especially in some online marketplace. Thebot.net, mpgh.net, etc, all these places very very love Bitcoin. Even Steam has accepted gamers to use Bitcoin in order to buy games. It is wonderful, right? I hope that in the future, we will witness the Bitcoin adoption in many countries. It will be the most important event to Bitcoin.

I agree thay bitcoin is already a global currency. why? because when many people around the globe use bitcoin, it means that it is global currency. besides, many countries now accept bitcoin as a currency. so no doubt that bitcoin is global currency.
It seemed like a good idea, and certainly great fun when we're in any place can use the bitcoin so we don't get confused with the currency conversion or exchange rate. But the problem is that State regulation has still not approved the bitcoin. Of course a lot of rejection from official agencies to transact and accept with bitcoin.
yes, some countries do not accept bitcoin, because bitcoin does not give them an advantage. in addition, receiving bitcoin may also be a negative impact, but I do not believe it. today, many people are beginning to seek out and use bitcoin as a means of transaction and their business, and even if the government does not accept bitcoin, I think, bitcoin can become a global currency by itself
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January 04, 2017, 03:32:03 PM
 #1691

It think it's still too early to say that Bitcoin is a global currency. The reason is not the fact that some countries restrict the use of it, since there are actually a few countries taking such measures.
The main reason, in my opinion, is that there is still a small percentage of people using the currency compared to the number of people around the globe. So, it's not yet a global currency, but I think we can say Bitcoin is on the way for this.

Bitcoin can be called a global currency in the sense that it is usable in any corner of the world, but in not the sense as you said of being used by all the world because we are still too far away from that, we are still not even 5% of world's population, so for becoming global in that sense, we still need years.
Well, I think Bitcoin have been already a global currency for many years but nobody want to accept that fact. Most of the people scared to use Bitcoin because they think it is illegal and not worth to try this new innovation. Nowadays, our world is rapidly developing and I believe they will soon realize the Bitcoins' benefits and people will use it in any corner of the world. This future, I believe is not very far
I love the "Bitcoin is a global currency, but nobody wants to accept that". Is it not part of the definition of a currency, that it is widely if not everywhere accepted?! If i go to a store and want to buy something, but i can only offer some wood stick as payment, then they will laugh at me and send me away. If i tell them that there are people who accept my sticks and that they cost $1000 each, then they will suggest to go there exchange them and come back to pay in real money.

What about a global financial asset then?

It is traded throughout the world for all major currencies out there (the US dollar, Euro, the Chinese Yuan, etc)? The homespun truth is, though, Bitcoin is not even a currency so far (let alone being a global one), but that doesn't take anything from it being universally "accepted" all over the world as a valuable asset in its own right. On the other hand, I don't think that with gold bars you would do much better than with Bitcoin, though gold is still considered as money by the most influential central bankers in the world

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January 04, 2017, 03:38:26 PM
 #1692

We are in quite an early phase here albeit it is hard to know this when you are 'inside.' It seems that in order for Bitcoin to reach a phase where units are small enough for use as currency we first need to reach one where it is deemed quite valuable, even if this means being spread downward from the early whales/miners/etc. We have actually seen some of this in action already since a lot of movement in Bitcoin has been contingent upon those early adopters not just hoarding, even if, from our perspective, they seem to hoard quite a lot.
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January 04, 2017, 03:45:49 PM
 #1693

Bitcoin can really become a global currency and we already witnessing its progress to that goal. Bitcoin has a very high potential to reach that label called 'global currency' and it will become easier for bitcoin if other people will start using bitcoin from now on. Promoting bitcoin on different sites can lead us to that.
The awareness of Bitcoin is rising, but the total number of user is still relatively small. The price is also rising, but at a much bigger rate. If the price will keep excelling the rise of the user base, then we will have a problem in the future. 
Although the number of bitcoin user is small, there is a significant increasing in the number of people who start to use it. What problem we may face if Bitcoin prices are higher ? can you tell me details about what you are saying ? I do not think it is a problem at all. It is a great chance for Bitcoin become a real global currency

Why do not you want to see what Bitcoin has become an international currency. He took a major place in the lives of many people. And it can be used anywhere in the world
You can say that Bitcoin is an international currency, but just because it is not fixed to one nation. Internationally known and used it what many want, but we are not there jet. Not even close.  I can not use it everywhere, because only very few stores accept it. This is a crucial point.
People will soon accept bitcoin and there will be more Bitcoin shop for you to buy goods and daily need. In 2016, we have witnessed many events which strongly affect Bitcoin and make more people pay attention about it. In 2017, I believe more stores will allow customers to purchase with Bitcoin

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January 04, 2017, 04:23:48 PM
 #1694

yes, some countries do not accept bitcoin, because bitcoin does not give them an advantage. in addition, receiving bitcoin may also be a negative impact,

Bitcoin gives the advantage no matter how you use it. If you want security and fast transaction, bitcoin could provide it and there is nothing that fiat could do to beat except for the cheaper fee ( the fee is quite high nowadays with the price rising high ). Government just wont accept the fact that their fiat means nothing to bitcoin
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January 04, 2017, 05:41:12 PM
 #1695

yes, some countries do not accept bitcoin, because bitcoin does not give them an advantage. in addition, receiving bitcoin may also be a negative impact,

Bitcoin gives the advantage no matter how you use it. If you want security and fast transaction, bitcoin could provide it and there is nothing that fiat could do to beat except for the cheaper fee ( the fee is quite high nowadays with the price rising high ). Government just wont accept the fact that their fiat means nothing to bitcoin

BTC becoming global currency. bitcoins is gaining popularity day by day..
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January 04, 2017, 06:47:08 PM
 #1696

Bitcoin can really become a global currency and we already witnessing its progress to that goal. Bitcoin has a very high potential to reach that label called 'global currency' and it will become easier for bitcoin if other people will start using bitcoin from now on. Promoting bitcoin on different sites can lead us to that.
The awareness of Bitcoin is rising, but the total number of user is still relatively small. The price is also rising, but at a much bigger rate. If the price will keep excelling the rise of the user base, then we will have a problem in the future. 
Although the number of bitcoin user is small, there is a significant increasing in the number of people who start to use it. What problem we may face if Bitcoin prices are higher ? can you tell me details about what you are saying ? I do not think it is a problem at all. It is a great chance for Bitcoin become a real global currency

Why do not you want to see what Bitcoin has become an international currency. He took a major place in the lives of many people. And it can be used anywhere in the world
You can say that Bitcoin is an international currency, but just because it is not fixed to one nation. Internationally known and used it what many want, but we are not there jet. Not even close.  I can not use it everywhere, because only very few stores accept it. This is a crucial point.
People will soon accept bitcoin and there will be more Bitcoin shop for you to buy goods and daily need. In 2016, we have witnessed many events which strongly affect Bitcoin and make more people pay attention about it. In 2017, I believe more stores will allow customers to purchase with Bitcoin
And why do you think so? What is different in 2017 then 2016? So far only the price. If a shop owner did not want to accept Bitcoin for technical reasons in 2016, why would he want it know? Just because the price is higher?

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January 05, 2017, 12:18:39 AM
 #1697

With becoming known and useful bitcoin is spreading over the world. That makes bitcoin global currency. I can't call bitcoin as totally global for now, but it has all chances to become so.
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January 05, 2017, 12:58:30 AM
 #1698

Bitcoin could become a global currency but it will take years, I really have no doubts about that its all a matter of time before it will happen.
The bitcoin is the future of all currency's because everything is gonna be digital plus it now already has a step ahead on other currency''s.
In my mind, Bitcoin has been already a global currency for many years. People are now using Bitcoin everywhere online, especially in some online marketplace. Thebot.net, mpgh.net, etc, all these places very very love Bitcoin. Even Steam has accepted gamers to use Bitcoin in order to buy games. It is wonderful, right? I hope that in the future, we will witness the Bitcoin adoption in many countries. It will be the most important event to Bitcoin.

I agree thay bitcoin is already a global currency. why? because when many people around the globe use bitcoin, it means that it is global currency. besides, many countries now accept bitcoin as a currency. so no doubt that bitcoin is global currency.
It seemed like a good idea, and certainly great fun when we're in any place can use the bitcoin so we don't get confused with the currency conversion or exchange rate. But the problem is that State regulation has still not approved the bitcoin. Of course a lot of rejection from official agencies to transact and accept with bitcoin.

You are right but I still do not know a lot of countries that are seeing it as a real currency some do but this is just only a small amount..
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January 05, 2017, 02:38:36 AM
 #1699

Bitcoin could become a global currency but it will take years, I really have no doubts about that its all a matter of time before it will happen.
The bitcoin is the future of all currency's because everything is gonna be digital plus it now already has a step ahead on other currency''s.
In my mind, Bitcoin has been already a global currency for many years. People are now using Bitcoin everywhere online, especially in some online marketplace. Thebot.net, mpgh.net, etc, all these places very very love Bitcoin. Even Steam has accepted gamers to use Bitcoin in order to buy games. It is wonderful, right? I hope that in the future, we will witness the Bitcoin adoption in many countries. It will be the most important event to Bitcoin.

I agree thay bitcoin is already a global currency. why? because when many people around the globe use bitcoin, it means that it is global currency. besides, many countries now accept bitcoin as a currency. so no doubt that bitcoin is global currency.
It seemed like a good idea, and certainly great fun when we're in any place can use the bitcoin so we don't get confused with the currency conversion or exchange rate. But the problem is that State regulation has still not approved the bitcoin. Of course a lot of rejection from official agencies to transact and accept with bitcoin.

You are right but I still do not know a lot of countries that are seeing it as a real currency some do but this is just only a small amount..
We have our own opinion on what we call with our bitcoin, but with the definition of a law it's not considered as currency and we have to wait for the proper law regarding the usage of bitcoin, they will surely create now that we are growing.

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.Duelbits.
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January 05, 2017, 03:01:07 AM
 #1700

With some time it can really achieve this, I think that the bitcoin is gonna be very profitable and that its a good investment right now too.
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